Estate Planning
New York City Estate Planning and Probate Services
Estate Planning with Coopersmith & Coopersmith PLLC
At Coopersmith & Coopersmith PLLC, we recognize the critical role of a well-crafted estate plan in securing your legacy and ensuring the well-being of your loved ones. With our knowledge of estate law, we are able to guide you through the process of estate planning with personalized service from an experienced estate planning attorney.
The Benefits of a Comprehensive Estate Plan
A well-crafted estate plan offers peace of mind and security for your family’s future. Our team will guide you in making crucial decisions to ensure your estate is transferred according to your wishes. For families with minor children, it is important to determine who will be your child’s guardian(s) during their minority and who will be the trustee over the estate’s assets. Additionally, proper planning can help mitigate tax liability and ensure the smooth transfer of retirement accounts and life insurance benefits.
What is ‘Your Estate’?
Your estate encompasses everything you own: real estate, investments, savings, and personal belongings. It also includes responsibilities like the care of minor children or pets. Without a proper estate plan, the distribution of your assets and guardianship of your dependents will be determined by intestacy, a lengthy administrative probate process which may not reflect your intentions. This can lead to a lengthy probate process and limited options for your family. Our goal is to develop a thoughtful, strategic plan for dividing and distributing your estate, safeguarding your assets from unintended consequences, and ensuring that estate documents are in order.
Our Services: Tailored to Your Unique Needs
Our estate planning services are tailored to the unique needs of each client. We start with an intake form designed to meet your needs and explanations of the responsibilities of guardians, trustees, and executors. Though it may be intimidating, a last will and testament is not written in stone. Your life circumstances or desires may change over time. We encourage you to evaluate your estate plan annually and send you reminders to do so.
In trust creation and management, we identify and establish trusts, living or testamentary, to achieve your specific objectives. We also ensure that trusts created during your lifetime are properly funded so as to avoid probate and simplify the court process.
Probate Services in New York City
At Coopersmith & Coopersmith PLLC we guide clients through the complex process of estate administration with precision and empathy. With experience in New York’s probate laws, we ensure that the decedent’s wishes are honored, and that the estate is administered efficiently. Our dedication to personalized service means we work closely with executors and beneficiaries to navigate the legal intricacies, ensuring a smooth and timely resolution.
At Coopersmith & Coopersmith PLLC, we pride ourselves on providing personalized, comprehensive estate planning and administration services. We’re not just your attorneys; we’re partners in protecting your legacy and ensuring your peace of mind. Whether you’re starting to build your assets or updating an existing estate plan, our team is ready to offer expert guidance every step of the way. Understanding estate planning basics, such as the importance of a durable power of attorney, will help you make informed decisions for long-term security.